Sentences with phrase «than private loans»

Federal loans have more generous repayment terms and often have lower interest rates than private loans.

The interest rate is fixed and is often lower than private loans — and much lower than some credit card interest rates.

You may even become eligible for a federal loan that's much, much cheaper than that private loan you had to get for your first year.

Generally, federal loans are less expensive than private loans and should be used first.

Thanks to lower interest rates and more repayment benefits than private loans, you can better manage your student loan debt going forward.

When it comes to student loans, it might be best to go with federal loans rather than private loans.

Although the interest rate of a private loan for bad credit is a bit different than a private loan for good credit, it might still make sense for you to get the loan.

These loans have lower interest rates and better repayment terms than private loans.

Keep in mind that you will probably have more flexibility in your loan repayment with your federal loans than your private loans.

These plans simply save the borrower more money than a private loan would.

It used to be that subsidized federal loans almost always came with lower interest rates than private loans, so refinancing didn't make that much sense.

The interest rate is fixed and is often lower than private loans — and much lower than some credit card interest rates.

They typically come with higher interest rates than other kinds of federal student loans, though they are still usually much cheaper than private loans.

• Federal loans typically have lower interest rates and more flexible repayment benefits than private loans.

If you have federal rather than private loans, then you may qualify for the government's own system of loan forgiveness.

Start with federal loans, which are generally cheaper and more readily available, and which offer better repayment terms than private loans.

Federal loans also tend to come with more lenient deferment and forbearance options than private loans.

Students should work with financial aid professionals at their respective colleges and universities to explore and exhaust all sources of student financial aid — including federal loans for students, which are always better than private loans for students — before seeking other options.

And a far better one than private loans.

I don't care how enticing it may be, a credit card is probably the worst way to finance your education (even worse than a private loan).

In many cases, the rates and fees for Direct Unsubsidized Loans for graduate students and the rates and fees for Direct Grad PLUS loans are significantly higher than private loan options.

These will come with lower interest, better terms, and a potentially longer payback period than private loans.

While they may have a higher interest rate than subsidized loans, they can still be more advantageous than private loans.

That is the reason Stafford loans offer lower rates than private loans.

This can make a Brazos Parent Loan far less expensive than private loan options made directly to students.

The rates are a lot lower than private loans.

Your school might also offer its own lower - interest loans that would be cheaper than private loans.

Interest accrues while you're in school, but rates are still better than private loans.

Borrow up to the maximum amount of federal loans available first; they have more repayment options than private loans and don't require a co-signer.

As a rule, federal student loans have lower interest rates than private loans, so prioritize higher interest rate debt.

However, the greater likelihood is that you will lose out on protections and benefits and may not get much of a lower rate since federal loans generally have lower interest rates than private loans.

This can make a parent loan far less expensive than private loan options made directly to students (private loan options for students are available, but because they can vary dramatically from lender to lender, they are not discussed in this article).

Generally speaking, federal student loans have lower interest rates than private loans.

It used to be that subsidized federal loans almost always came with lower interest rates than private loans, so refinancing didn't make that much sense.

Federal loans also tend to have a lower interest rate than private loans, which makes it less appealing to refinance.

Another reason to look here first is government loans have lower interest rates than private loans.

Borrow up to the maximum amount of federal loans available first; they have more flexible repayment options than private loans and don't require a co-signer.

Generally, federal student loan interest rates are lower than private loans, so you should exhaust all federal resources before looking for private aid.